Mike Krzus is one of the world’s leading authorities on integrated reporting and the role it plays in developing and communicating a long-term strategy.

He is an independent consultant and researcher. Mike is Senior Advisor to BrownFlynn Ltd and Sustainserv Inc/GmbH.

He is the co-author of One Report (with Robert G. Eccles) and The Integrated Reporting Movement (with Robert G. Eccles and Sydney Ribot).
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With Robert G. Eccles
Available on SSRN
We conducted a type of “field experiment” to evaluate how difficult it will be for companies to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) published in June of 2017. These recommendations are based on the four categories of governance, strategy, risk management, and targets and metrics. Beneath these are 11 more detailed recommendations. We selected an industry that will be especially challenged by these recommendations—oil & gas.
With Robert G. Eccles
Published by MIT Sloan Management Review
How hard will it be for companies to meet the recommendations of the Task Force on Climate-related Financial Disclosures? Not as hard as many might think.

Investors and the rest of the world are watching to see how companies will respond to the final recommendations of the Task Force on Climate-related Financial Disclosures…
Published by GreenBiz
The corporate sustainability officer should be a C-level executive and engaged in the development and communication of the company’s long-term strategy. The thought—at least in some in some organizations—that sustainability is separate and distinct from the business strategy is an antiquated notion…
Published by SHIFT TO Long-term investing and International Integrated Reporting Council
Professor George Serafeim’s paper, “Integrated Reporting and Investor Clientele,” presented “evidence that suggests a causal relationship between the corporate practice of integrated reporting and an investor base with longer-term shareholders.” Mapping the International Integrated Reporting Framework to FCLT Global’s “10 elements of a long-term strategy,” leverages Serafeim’s findings and creates a framework for communicating a company’s long-term strategy to investors…
Published by Responsible Investor
On February 27, 2017, the CECP’s Strategic Investor Initiative will host a CEO Investor Forum. The Forum will feature ten CEOs presenting their long-term strategic plans to an audience of institutional investors. This event has the potential to be much more than a dialogue between CEOs and analysts. It is an opportunity to launch a bold collective response to the problem of short-term termism and establish a role for integrated reporting in developing and communicating a long-term strategy…
Published by GreenBiz
A disproportionate amount of time is spent on the integrated report—the work product—during many conversations about integrated reporting. The benefits of integrated reporting are derived from strong governance processes, a culture that shares a common understanding about the role of the corporation in society, and the ability to focus on ESG issues that have the greatest ability to create shareholder value and drive major innovations. Consider…
With Robert G. Eccles, George Serafeim, and Sydney Ribot
Published by Journal of Applied Corporate Finance
We began our review with the assumption that there are three distinguishing marks of a truly integrated report—one that is not simply the outcome of combining two separately conceived and prepared reports: (1) an explanation of a company’s strategy for creating value and how it uses and affects the “six capitals;” (2) a clear and detailed explanation of the relationships between financial and nonfinancial performance; and (3) identification and effective presentation of the material risks and opportunities facing the company…
With Robert G. Eccles, George Serafeim, and Sydney Ribot
Published by Harvard Business School Publishing
On a spring day in 2013, Marc van Weede, Aegon’s Global Head of Sustainability, sat down to think about the relationship between integrated reporting presence and competitive edge. On March 22, the multinational pension, life insurance, and asset management firm had released its second integrated report, and Van Weede considered Aegon’s rapid improvement in reporting and engagement…
With Robert G. Eccles
Published by Harvard Business School Publishing
“Our corporate DNA is focused on delivering shareholder value, but we also realize we can only deliver shareholder value consistently, on a multi-year time frame, if we do it in an ethically, environmentally, and socially responsible way…”
With Robert G. Eccles, George Serafeim, and Jean Rogers
Published by Journal of Applied Corporate Finance
But if the reporting of sustainability information by companies is clearly growing along with the interest of the investment community, there are significant barriers to making sustainability information as important as financial information. One of the biggest challenges is determining standards for sustainability information that approximate the rigor of those for financial information…
With Robert G. Eccles and George Serafeim
Published by Journal of Applied Corporate Finance
Market interest in nonfinancial information, including data produced by the Carbon Disclosure Project (CDP), is growing. Using data from Bloomberg, we have analyzed this interest from a variety of different perspectives. And our analysis provides a number of interesting insights: First, there is a large and growing market interest in the level of a company’s degree of transparency about its ESG performance and policies…